Gupta Chandan & Associates

INCOME TAX DEPT BANK SFT SEBI Shares GSTN Turnover CRYPTO §509 FIU-IND STR/CTR CRS/FATCA 100+ Countries GCA GUPTA CHANDAN & ASSOCIATES Professional Firm · New Delhi · Pan India What Tax Authorities Know About Your Financial Transactions SFT · AIS · TIS · Shares · Crypto · Credit Card · Cash · Foreign Travel §508 SFT · §509 Crypto · FATCA/CRS · FIU-IND · GST Data Sharing Updated June…

ASMT-10 DRC-01A DRC-01 SCN DRC-07 §61 Scrutiny §73/§74/§74A Demand GSTAT now operational GCA GUPTA CHANDAN & ASSOCIATES Professional Firm · New Delhi · Pan India GST Notices Decoded ASMT · DRC · SCN · Section 73/74/74A · GSTAT DRC-01A Soft Intimation · DRC-01B/01C Auto ITC Mismatch Reply Timelines · Audit §65/66 · Anti-Profiteering Sunset · Appeals Updated May 2026 GSTAT Benches Rolling…

PARENT CO Guarantor BANK / FI Beneficiary / Lender SUBSIDIARY Borrower / Recipient Corporate Guarantee Loan Disbursed GST Rule 28(2) 1% of guarantee amount per annum Transfer Pricing ALP guarantee fee 0.5%–2% per annum GCA GUPTA CHANDAN & ASSOCIATES Professional Firm · New Delhi · Pan India Financial Guarantees GST · Income Tax · Transfer Pricing · FEMA Rule 28(2) Corporate Guarantee 1% ·…

The Most Rate-Impacted Sector in September 2025: The 56th GST Council’s rate rationalization hit the transport and logistics sector harder than almost any other industry. GTA’s 12% forward charge option is gone — replaced by 18%. Multimodal transport restructured to 5%/18% from a flat 12%. Pipeline transport went to 18%. Private rail containers moved to 18%. For freight forwarders, warehouses,…

The E-Commerce GST Reality: An offline retailer with ₹35 lakh turnover pays no GST and files no returns. The same person selling the same products on Amazon must register for GST from Day 1 — even at ₹10,000 turnover — pay GST on every sale, reconcile TCS deducted by Amazon with their GSTR-2B, claim ITC on Amazon’s commission, file GSTR-1 and GSTR-3B monthly, and also handle a separate Income Tax…

TDS Rate Chart under Income Tax Act 2025 applicable from 01st April 2026 TDS Chart – Section 393 | Income Tax Act, 2025 Income Tax Act, 2025 — w.e.f. F.Y. 2026-27 TDS Chart — Section 393 Tax Deduction at Source · Complete Provisions with Thresholds, Rates & Exemptions 35+TDS Categories 3Payee Classes 19No-Deduction Cases 11Sub-sections Resident Payments 16 Non-Resident Payments 17 Payments to…

 ​    [[{“value”:”GSTN Update dated January 7th, … Continue reading “GSTN Enables Filing of “Application for Rectification” as per Notification No. 22/2024-CT” The post GSTN Enables Filing of “Application for Rectification” as per Notification No. 22/2024-CT appeared first on Taxmann Blog.”}]] [[{“value”:” GSTN Update dated January 7th, 2025 The GSTN has issued an advisory to inform that a…

 ​    [[{“value”:”Instruction No. 01/2025-GST dated January … Continue reading “Ground of Arrest Must Be Explained to Arrested Person Under GST | Instruction” The post Ground of Arrest Must Be Explained to Arrested Person Under GST | Instruction appeared first on Taxmann Blog.”}]] [[{“value”:” Instruction No. 01/2025-GST dated January 13th, 2025 The CBIC has issued instruction to amend the…

 ​    [[{“value”:”Notification No. 02/2025 – Central … Continue reading “Time Limit for Furnishing the Return in Form GSTR-3B Extended by CBIC | Notification” The post Time Limit for Furnishing the Return in Form GSTR-3B Extended by CBIC | Notification appeared first on Taxmann Blog.”}]] [[{“value”:” Notification No. 02/2025 – Central Tax dated January 10th, 2025 The CBIC has issued notification…

 ​    [[{“value”:”Notification No. 01/2025 – Central … Continue reading “CBIC Extends Due Date of GSTR-1 for the Tax Period December 2024 by 2 Days” The post CBIC Extends Due Date of GSTR-1 for the Tax Period December 2024 by 2 Days appeared first on Taxmann Blog.”}]] [[{“value”:” Notification No. 01/2025 – Central Tax dated January 10th, 2025 The CBIC has issued notification to extend the due…

 ​    [[{“value”:”CA Keshav Gupta & Sahil … Continue reading “[Opinion] Availment and Utilisation of ITC Under Incorrect Tax Heads | A Path to Litigation” The post [Opinion] Availment and Utilisation of ITC Under Incorrect Tax Heads | A Path to Litigation appeared first on Taxmann Blog.”}]] [[{“value”:” CA Keshav Gupta & Sahil Dewan – [2025] 170 taxmann.com 280 (Article) 1. Introduction The…

 ​    [[{“value”:”CA Keshav Gupta & Keshav … Continue reading “[Opinion] Clubbing vs. De-Clubbing of SCNs | Critical Analysis” The post [Opinion] Clubbing vs. De-Clubbing of SCNs | Critical Analysis appeared first on Taxmann Blog.”}]] [[{“value”:” CA Keshav Gupta & Keshav Agarwal – [2025] 170 taxmann.com 159 (Article) 1. Introduction In the context of Goods and Services Tax (GST), Show Cause…

 ​    [[{“value”:”GSTN Update dated January 10th, … Continue reading “Manual Entry of HSN to Be Replaced by Choosing Correct HSN from Given Dropdown in Table 12 of GSTR-1 | GSTN Update” The post Manual Entry of HSN to Be Replaced by Choosing Correct HSN from Given Dropdown in Table 12 of GSTR-1 | GSTN Update appeared first on Taxmann Blog.”}]] [[{“value”:” GSTN Update dated January 10th,…

 ​    [[{“value”:”Case Details: L and T … Continue reading “Tax Liability to Be Discharged in Each State Based on Work Done for Barrage Construction in Telangana and Maharashtra | HC” The post Tax Liability to Be Discharged in Each State Based on Work Done for Barrage Construction in Telangana and Maharashtra | HC appeared first on Taxmann Blog.”}]] [[{“value”:” Case Details: L and T PES JV v.…

 ​    [[{“value”:”Case Details: Limton Metals Ltd. … Continue reading “Order Cancelling GST Registration to Be Set Aside as It Did Not Provide Any Reasons for Retrospective Cancellation | HC” The post Order Cancelling GST Registration to Be Set Aside as It Did Not Provide Any Reasons for Retrospective Cancellation | HC appeared first on Taxmann Blog.”}]] [[{“value”:” Case Details: Limton Metals…

 ​    [[{“value”:”Prateek Mitruka – [2025] 170 … Continue reading “[Opinion] Understanding Input Tax Credit Under Ex-Works Contracts” The post [Opinion] Understanding Input Tax Credit Under Ex-Works Contracts appeared first on Taxmann Blog.”}]] [[{“value”:” Prateek Mitruka – [2025] 170 taxmann.com 279 (Article) 1. Introduction The Central Board of Indirect Taxes and Customs (CBIC)…

 ​    [[{“value”:”1. Overview of Tax Exemptions … Continue reading “[Opinion] Practical Difficulties and Probable Solutions of New Audit Report Form of Trusts (10B/10BB)” The post [Opinion] Practical Difficulties and Probable Solutions of New Audit Report Form of Trusts (10B/10BB) appeared first on Taxmann Blog.”}]] [[{“value”:” 1. Overview of Tax Exemptions for Charitable Institutions Under the…